Palo Alto Networks reports strong Q1 results, appoints new CFO

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Palo Alto Networks published its first quarter fiscal 2018 financial results on Monday, beating market expectations and sending shares up in after-hours trading. The security company posted non-GAAP net income of $69.8 million, or 74 cents per diluted share, compared with non-GAAP net income of $51.2 million, or 55 cents per diluted share, a year prior.

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